Adani meets Rajapaksa, eyes green investments
Business Standard|October 27, 2021
Experts see firm's WCT deal as India's move to contain China in the region
ADITI PHADNIS
Adani meets Rajapaksa, eyes green investments

Adani Group Chairman Gautam Adani called on Sri Lankan President Gotabaya Rajapaksa in Colombo earlier this week, days after his company inked a deal with the state-owned Sri Lanka Ports Authority (SLPA) to develop and run the strategic Colombo Port's Western Container Terminal (WCT).

"President Rajapaksa has recorded in his diary that he met with an Indian friend," said Kingsley Ratnayaka, media advisor to the President.

The Adani group did not confirm the meeting. Emails sent to the group elicited no reply. However, Adani tweeted on Tuesday: "Privileged to meet President @GotabayaR and PM @PresRajapaksa. In addition to developing Colombo Port's Western Container Terminal, the Adani Group will explore other infrastructure partnerships. India's strong bonds with Sri Lanka are anchored to centuries' old historic ties." Local media quoted senior Sri Lankan officials as saying that not just ports, the group had evinced an interest in investing in the island's energy and wind sector.

"The Adani group yesterday (Monday) explored the possibility of investing in Sri Lanka's wind and renewable energy sector," Nalinda Ilangakoon, the vice-chairman of CEB, said speaking to reporters in Colombo.

Ilangakoon said Gautam Adani and a 10-member delegation of senior officials travelled on a Sri Lanka Air Force helicopter to the northeastern district of Mannar on Monday to inspect the wind power farm there. Local media showed video grabs of the team boarding the helicopter.

This story is from the October 27, 2021 edition of Business Standard.

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This story is from the October 27, 2021 edition of Business Standard.

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